Euro bounced off 1.05 big figure level, which is also bottom of a long term channel with the channel-line drawn off 2008 and 2010 lows. If that gives way, there might be some support around 2003 low (1.0335) before 76.4% retracement of the 2000 - 2008 uptrend (1.0070) and parity level (1.00).

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